E-Commerce
fromwww.theguardian.com
2 days agoGameStop makes $55.5bn takeover offer for eBay
GameStop has made an unsolicited $55.5 billion bid to acquire eBay, threatening a hostile takeover if rejected.
#hostile-takeover
#hostile-takeover
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#warner-bros-discovery #mergers--acquisitions #paramount-skydance #paramount #netflix #streaming-industry
fromFast Company
2 months agoNetflix stock price rises along with Paramount while WBD falls. How the merger shakeup is impacting markets
Yesterday, Warner Bros. Discovery said it has determined that a revised bid for its cinema and television properties from Paramount Skydance was a "superior proposal" to Netflix's long-standing offer of $82.7 billion. Paramount, which has been in a hostile bidding war with Netflix over the movie studio, issued a new proposal to Warner Bros. on Tuesday.
Media industry
US politics
fromwww.mediaite.com
4 months agoThat's Authoritarianism': Bernie Sanders Rips Trump's Son-in-Law Backing CNN Takeover Bid
Paramount Skydance's $108B hostile takeover bid for Warner Bros., backed by Jared Kushner's firm and Gulf funds, raises concerns about media consolidation and authoritarian influence.
Media industry
fromFast Company
4 months agoParamount's rival bid for Warner Bros. puts CNN and more cable networks back in limbo
Paramount Skydance's hostile takeover bid for Warner Bros. Discovery creates prolonged management uncertainty for CNN and sister cable networks, risking leadership turmoil and strategic realignment.
fromBusiness Insider
4 months agoMeet David Ellison, the 42-year-old Paramount Skydance CEO trying to throw a monkey wrench in Netflix's plan
David Ellison is officially the CEO of Paramount Skydance. After a successful Paramount merger, next on his wish list is Warner Bros. Discovery - and he's launched a hostile takeover bid in an effort to scoop it out from Netflix's hands. The 42-year-old founded Skydance back in 2006 with some help from his father Larry Ellison, the Oracle cofounder who's worth $277 billion, according to the Bloomberg Billionaires Index.
Film
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